Weil is advising WTW, a leading global advisory, broking and solutions company, in the sale of its TRANZACT direct-to-consumer insurance distribution business to GTCR, a leading private equity firm, and Recognize, a technology services investment platform, for $632.4 million. The sale is expected to close by the end of 2024.
The Weil team was led by Mergers & Acquisitions partners Michael J. Aiello and Amanda Fenster and included Mergers & Acquisitions counsel Rachel Shapiro and associates Amanda Gould, Kristen Stone and Erin Bertens; Tax Head Joseph Pari and associates Grant Solomon and Madeline Joerg; U.S. Antitrust Co-Head Jeffrey Perry and associates Elizabeth Ross, Christina Swiatowy and Joon Cho; Technology & IP Transactions Co-Head Jeffrey Osterman and associates Phillip Grudzina, Dominic Farchione, Brendan McNerney and Adeline Park; U.S. Privacy & Cybersecurity Head Olivia Greer; Executive Compensation & Benefits Head Paul Wessel and associates Sanjana Rao and Nate Gross; Employment partner Rebecca Sivitz and associate Alexandra Cline; Banking & Finance Co-Head Courtney Marcus and counsel Veronica Bonhamgregory; and Regulatory Transactions partners Timothy Welch and John O’Loughlin and associate Sisi Liu.
